Sebi approves 7 IPOs including Jio Platforms, Paras Healthcare and Bharat PET
Sebi has approved seven IPOs, led by Reliance-backed Jio Platforms’ proposed Rs 37,700 crore offering. Paras Healthcare, Bharat PET, Paramotor Digital Technology, Pushp Brand, MK Sons Fine Jewels and Sadbhav Futuretech also received approvals, exp...

The biggest name in the latest set is Reliance Industries-backed Jio Platforms, which has received approval from Sebi for its proposed public listing. The issue is reportedly looking to raise around Rs 37,700 crore, implying a valuation of nearly Rs 9.5 lakh crore. If launched at that size, it could become one of India’s largest IPOs.
Paras Healthcare has also received Sebi observations for its proposed IPO. The hospital chain plans to raise up to Rs 1,800 crore, comprising a fresh issue of up to Rs 500 crore and an offer for sale of up to Rs 1,300 crore by the selling shareholder.
The company operates under the Paras Health brand and provides tertiary and quaternary healthcare services. As of March 31, 2026, it had eight hospitals with 2,211 beds across North India, Bihar and Jharkhand. Its network covers Gurugram, Panchkula, Patna, Darbhanga, Kanpur, Udaipur, Ranchi and Srinagar.
The proceeds from the fresh issue will be used for repayment or prepayment of borrowings, investment in its wholly owned subsidiary PMHPL for debt repayment, and general corporate purposes. JM Financial, BofA Securities India and Nuvama Wealth Management are the book-running lead managers.
Bharat PET, an integrated packaging solutions provider, has received approval for a Rs 760 crore IPO. The issue includes a fresh issue of up to Rs 120 crore and an offer for sale of up to Rs 640 crore by promoter selling shareholders.
The company may also consider a pre-IPO placement of up to Rs 24 crore. It plans to use Rs 50 crore from the fresh issue proceeds to repay borrowings and Rs 35.8 crore for capital expenditure toward machinery and equipment.
Incorporated in 1998, Bharat PET manufactures rigid packaging products such as PET bottles and jars, preforms, multi-layer co-extruded bottles, caps, closures and tin containers. The company has a strong presence in agrochemical packaging, where it has about 11% market share in India, according to the CARE Report cited in the material.
Also Read: Jio IPO soon! Reliance's telecom arm gets Sebi nod for Rs 37,700 crore offering
As of September 30, 2025, Bharat PET served more than 1,500 customers, including Tata Consumer Products, Dhanuka Agritech, PI Industries, India Pesticides, Safex Chemicals, GSP Crop Science and Fresca Foods. Repeat customers contributed about 91% of its revenue from operations.
For FY25, the company reported revenue from operations of Rs 411.82 crore and pro forma profit after tax of Rs 50.99 crore. For the six months ended September 30, 2025, revenue stood at Rs 274.90 crore and profit after tax was Rs 48.12 crore. Equirus Capital and Ambit are the book-running lead managers.
Fintech, spices and jewellery names in queue
Paramotor Digital Technology, a fintech and enterprise technology company, has also received Sebi approval for its IPO. The company operates across consumer spend management, digital rewards, loyalty management, digital gifting and enterprise technology services.Its platforms include SpendPro, a prepaid card-based spend management platform; RewardOn, an enterprise rewards and loyalty solution; yayyy.shop, a digital gifting marketplace; and DevStack, its software development and enterprise technology services vertical.
Pushp Brand India, a packaged spice company based in Indore, has also received the regulator’s approval for its proposed IPO. The company is among India’s faster-growing packaged spice players and is expected to use the public listing to expand its market presence.
MK Sons Fine Jewels is also part of the latest IPO pipeline. Its proposed issue is a book-built offer of up to 1.7 crore equity shares, comprising a fresh issue of 1.36 crore shares and an offer for sale of 34 lakh shares. The shares are proposed to be listed on BSE and NSE.
Sadbhav Futuretech is another company in the list. Its proposed IPO includes a fresh issue of up to 2.55 crore equity shares and an offer for sale by multiple selling shareholders. The company may also consider a pre-IPO placement before the red herring prospectus stage.
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